19th Mar 2026 13:54
(Alliance News) - Picton Property Income Ltd on Thursday said it will delay the release of its full-year results, as it has shortlisted acquisitions proposals stemming from its formal sale process.
The Guernsey-registered real estate investment trust said it has engaged with investors and stakeholder since announcing the strategic review and formal sale process on January 13.
It has since received proposals from a "wide range of interested parties and with a variety of structures", and is not progressing with a shortlist to determine a preferred option, Picton said.
The annual results will be released at a to be specified date after May 21.
Picton owns and manages a commercial property portfolio in the UK across 46 assets and with around 300 occupiers, valued at GBP699 million as at December 31.
Picton shares were down 1.0% at 79.70 pence each on Thursday afternoon in London.
By Martin Miraglia, Alliance News reporter
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